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RBI to shut Rs 2000 banknote exchange facility for a day on April 1

Mar 29, 2024

Mumbai, March 28 (IANS) The RBI announced on Thursday that the facility for exchange and deposit of Rs 2000 banknotes will not be available on April 1 at the central bank’s 19 offices due to operations associated with the annual closing of accounts. However, the facility will become operational again on April 2, the RBI said.The facility for the…

India’s fiscal deficit in 11 months at 86.5 pc of full financial year target

Mar 29, 2024

New Delhi, March 28 (IANS) India’s fiscal deficit during the first 11 months of 2023-24 stood at Rs 15.01 lakh crore which is 86.5 per cent of the revised annual estimate, data released by the Controller General of Accounts on Thursday…

Business

Wipro, Indian Institute of Science to offer online Master’s programme in AI

Mar 29, 2024

Bengaluru, March 28 (IANS) Amid the government's call to bridge the skill gap in emerging technologies, IT major Wipro on Thursday announced a collaboration with the Indian Institute of Science (IISc) to offer eligible employees a higher…

Business

1 in 4 YouTube creators are earning money via Shorts, says company

Mar 29, 2024

New Delhi, March 28 (IANS) More than one in four YouTube creators, who are part of its ad sharing programme, are now earning money with the short-form video service Shorts, the company said on Thursday.Since introducing revenue sharing on…

Business

Technical Glitches Prompt Suspension of EPCH’s E-Voting Process

Mar 28, 2024

NEW DELHI – 28th MARCH’24 - The election process for the Export Promotion Council for Handicrafts, aimed at appointing members to the Committee of Administration, is overseen by the Development Commissioner Handicraft,…

Business

Global smartphone shipments to reach 1.2 billion units this year: Report

Mar 28, 2024

New Delhi, March 28 (IANS) Global smartphone shipments in 2024 are likely to see a modest rebound of 3 per cent (year-on-year) to reach 1.2 billion units, a report showed on Thursday.The budget segment ($150-$249), which shrank in 2023 due…

Business

Indian equities close the fiscal year on a positive note

Mar 28, 2024

New Delhi, March 28 (IANS) Indian equities closed the day and fiscal year on an optimistic note as buying by retail, DIIs, and FIIs surged across categories, says Vinod Nair, Head of Research, Geojit Financial Services.The mid and small-cap…

Business

Nifty ends FY24 with gain of 28 pc, broader market up 60-70 pc

Mar 28, 2024

New Delhi, March 28 (IANS) Domestic equities ended the FY24 on a bullish tone with Nifty up 28.6 per cent while the broader market gained 60 per cent-70 per cent, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial…

Business

AI security startup SydeLabs raises funds to secure GenAI systems

Mar 28, 2024

Bengaluru, March 28 (IANS) AI security and risk management startup SydeLabs on Thursday said it has raised $2.5 million in its seed funding round to build solutions aimed at securing generative AI systems for enterprises. The funding round…

Business

Sensex crosses 74K mark in 1000 points rally

Mar 28, 2024

New Delhi, March 28 (IANS) Sensex crossed the 74K mark after it gained more than 1000 points in a broad-based rally on Thursday. Sensex was trading at 74,044 points, up 1047 points or 1.44 per cent.Among the Sensex stocks, Bajaj Fnserv is…